113 cent Land & Building for Auction in Kasaragod – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

113 cent (≈ 49,222 sq ft)

Reserve price / sq ft

₹267

Locality

—

City

Kasaragod

State

Kerala

Address

All that part and parcel of land admeasuring 45.73 Ares [41.68 Ares + 4.05 Ares] i.e. 113 Cents along with residential Building thereon having built up area admeasuring 419 Sq. meters (approx) along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy No 19/2A6 within Muliyar Village, Kasaragod Taluk, Kasaragod District and owned by Noushad M D morefully described in Sale Deed no. 2065/2016 dated 12-05-2016 of Sub Registrar Office - Kasaragod and bounded on North: Property of Abdul Khader, South: Property of Hameed, East: Property of Madhava Bhat, West: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kasaragod Branch

Auction type

SARFAESI Auction

Borrower

Mr N***** M D

Auction start

13 Oct 2026, 10:00 AM

Auction end

13 Oct 2026, 11:00 AM

EMD submission deadline

12 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2401838

Price Check

This listing's reserve price works out to ₹267 per sq ft. The average across residential bank auctions in Kasaragod on our site is ₹2,187 per sq ft, so this one is 88% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (bankauctions.in (4Closure) · Listing 2401838), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹13,16,220 before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.